Welcome to our dedicated page for Alfa Laval news (Ticker: ALFVY), a resource for investors and traders seeking the latest updates and insights on Alfa Laval stock.
Alfa Laval (ALFVY) is a global leader in industrial engineering solutions for heat transfer, separation, and fluid handling. This page provides investors and industry professionals with timely updates on the company’s financial performance, technological advancements, and strategic initiatives.
Access official press releases, earnings reports, and analysis of ALFVY’s innovations in marine decarbonization, sustainable processing, and energy efficiency. Our curated news collection covers acquisitions, partnerships, and R&D milestones that shape the company’s position in sectors like energy, food, and water treatment.
Key updates include insights into Alfa Laval’s progress in clean fuel systems, anti-fouling technologies, and operational expansions. Bookmark this page to stay informed about developments impacting the company’s market performance and long-term growth strategy.
Alfa Laval has launched the DuraCirc® pump, designed to enhance standards in the food, dairy, beverage, home, and personal care industries. This innovative pump combines high performance and hygiene safety with easy maintenance, meeting global hygiene standards like EHEDG and 3A. President Nish Patel emphasized its efficiency and simplicity, marking it as a pivotal product in their lineup. With annual sales of SEK 41.5 billion and a commitment to sustainability, Alfa Laval continues to leverage its expertise in various industries.
Alfa Laval AB repurchased a total of 146,000 shares from May 31 to June 4, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. The program, running until April 25, 2022, aims to optimize the company's capital structure under EU regulations. As of June 4, 2021, Alfa Laval holds 714,000 shares in treasury, with a total share count of 419,456,315 and 418,742,315 outstanding shares excluding its own shares.
Alfa Laval has finalized the acquisition of StormGeo for MNOK 3,630, enhancing its capabilities in weather intelligence and digital services for the marine industry. This cash-financed purchase, neutral to Alfa Laval's EBITA margin and earnings per share, positions the company to improve operational efficiency and safety for its customers. Founded in 1997, StormGeo generated MNOK 714 in sales in 2020 and operates globally, focusing on sustainable business decisions. The acquisition aligns with Alfa Laval's commitment to responsible growth and environmental stewardship.
Alfa Laval AB announced the repurchase of 125,500 shares from May 24 to May 28, 2021, as part of a SEK 2 billion buyback program initiated on April 27, 2021. This program aims to enhance the company’s capital structure and complies with EU regulations. The shares were bought at prices ranging from SEK 299.61 to SEK 309.48, totaling approximately SEK 37 million. Post-buyback, Alfa Laval holds 568,000 shares out of a total of 419,456,315 shares, with 418,888,315 outstanding shares. The buyback is expected to support shareholder value.
Alfa Laval secured a significant SEK 415 million order from a U.S. refinery transitioning to renewable biofuel production. This order marks one of the company's largest to date and reflects its strategic investments in renewable technologies. Alfa Laval will supply systems for fats and oils pretreatment and wastewater management at the new biofuel facility, set for delivery in 2022. The CEO stated the importance of supporting decarbonization efforts, enhancing traditional processes, and fostering sustainability in the energy sector.
On May 24, 2021, Alfa Laval AB announced the repurchase of 129,500 shares from May 17 to May 21, 2021 as part of a SEK 2 billion share buyback initiative to optimize its capital structure. The buyback program, ongoing until April 25, 2022, complies with EU regulations. Following these transactions, Alfa Laval holds a total of 442,500 own shares, with 419,456,315 total shares outstanding. This strategic move aims to enhance shareholder value and reflects confidence in the company's future growth.
Alfa Laval AB has repurchased a total of 100,930 shares between May 10-14, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This program aims to optimize the capital structure and is scheduled to run through April 25, 2022. Following these buybacks, Alfa Laval holds 313,000 shares, with a total of 419,456,315 shares outstanding, including treasury shares.
Alfa Laval has entered a partnership with EasyMining to innovate in extracting valuable products from waste materials, enhancing circular economy solutions. The collaboration will leverage Alfa Laval's expertise in mechanical and thermal separation to minimize waste and enable resource recovery, including phosphorus and clean fertilizers from incinerated sewage sludge. This partnership aims to accelerate sustainable practices, aligning with both companies' goals of promoting responsible resource usage. Alfa Laval reported SEK 41.5 billion in sales for 2020 and operates in multiple industries globally.
Alfa Laval AB repurchased a total of 129,570 shares from May 3-7, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. The program aims to optimize the company's capital structure and runs until April 25, 2022. The shares were acquired on Nasdaq Stockholm, with a total of 212,070 shares held by the company as of May 7, 2021. The total number of outstanding shares is 419,244,245.
Alfa Laval has entered into an agreement to acquire StormGeo, a leading provider of weather intelligence solutions, for MNOK 3,630 (approximately MSEK 3,700). This acquisition aims to enhance Alfa Laval's service offerings in the marine industry, supporting decarbonization efforts and digital services knowledge. StormGeo, based in Bergen, Norway, employs 515 people and reported total sales of MNOK 714 in 2020. The transaction is expected to close in Q2 2021 and is neutral to Alfa Laval's EBITA margin and earnings per share.
